blackstone code
Chapter 1479 The collapse of adults is often only in an instant
Chapter 1479 The collapse of adults is often only in an instant
It was slightly bright, and Lynch had already gotten up and started running.
A good lifestyle, self-discipline and health management are the basis for living longer.
Although the world is full of accidents, no one knows whether he can survive the next accident, but as long as he is alive, he must be responsible for his present and future.
He changed his clothes and started running, exercising.
Lemar has a very bad situation, but it can be said to be a very good situation, that is, the communication between Lemar and the international community is of a transit nature.
To put it simply, with a phone, if you want to call someone, you first need to know their number, and then shake the handle——
That was in the past, and now the telephone basically has to be connected to the wire, and there is no need to shake the micro-generator to power the phone.
Electric telephones will soon be able to communicate with the person on the other end of the line in a way that can be explained by science.
One thing to note here is that the other party must be at the other end of the line.
In other words, if the other party does not have a direct line connection with you, then it is impossible for you to talk!
This has also led to very high telephone service fees charged by each country on the charges for external calls.
For example, in the Commonwealth, it costs about one and twenty cents per hour to make a call to Gefra.
If you make a call to Nagalil, it will cost about 85 cents.
Due to the distance, the difficulty of connection and other reasons, the cost of international calls is actually very high.
But in this, there is no calculation method of telephone charges in the Republic of Lemar, and the telephone network here is not connected to the outside world.
Arranging a deep-sea cable from the north-central part of the Eastern Ocean to the nearby land, this is no longer a matter of investment cost, but a problem that cannot be solved technically!
At present, telephone lines in mainstream countries are laid on the seabed, and they basically follow a principle, that is, to go as far as possible from shallow seas.
No one knows the situation in the deep sea, and if it breaks down, it cannot be repaired.
From the Republic of Lemar, no matter whether it is east or west, there is no close independence. It has left the archipelago, which is the deep sea.
Now there is no foundation for laying deep-sea cables, so Lemar wants to contact the outside world, except for the relatively primitive method of writing letters, there is only telegrams left.
The occlusion of information allows people to use such information to do many things.
At six o'clock, the telegraph office hadn't gone to work yet, and Lynch had already run for half an hour and returned to the hotel.
Hot water sprays out from the shower and pours on the body, quickly taking away fatigue and sweat.
The weather is already hot, half an hour of exercise has brought a lot of physical exertion, and naturally produced a lot of sweat.
At [-]:[-], he began to look through some notes and manuscripts, took a short break at [-]:[-], and started work at [-]:[-].
In many cases, the federal society has been promoting a kind of "self-discipline", and it always uses successful people as examples, such as Ms. Big capitalist.
In Lynch's view, self-discipline is actually a challenge to oneself from a certain perspective!
There is no harm in self-discipline, but it can make you more aware of your limits.
If you want to make a breakthrough in your life, the best way is to break through your own limit first.
Be a self-disciplined person!
At [-]:[-], he sat in the dining room. The hotel had already prepared breakfast and delivered it together with the breakfast, as well as a copy of the latest newspaper.
The special geographical environment of the Lemar Republic makes it famous. There is only one newspaper that can cover the entire archipelago, and that is the "Republic Daily". It is said that the founder is also the first president.
Usually there is no big news happening here, most of them are that some new projects have started to be approved, or some infrastructure has started, or some business fields have been developed.
It's Lemar's biggest-selling paper, but it doesn't really have any serious news, not that much serious news here.
But today, it uses a very serious layout, without a little bit of color, and the headline on the front page is "The Invisible Future"
They were talking about the big news that happened internationally last night. The Republic of Lemar continued to decline in the assessment of the World Development Committee, and the Federal Financial Management Committee issued a dangerous warning to Yares.
In just a few hours, everything has changed!
One Federation Sol can already be exchanged for more than 200 Ares, and there is a possibility that the gap will continue to widen.
If the government of the Republic of Lemar cannot give a reliable response today to restore investor confidence, then its exchange rate will only continue to fall!
Don't look at it as if it has not been included in the international currency settlement, but when a country's currency collapses, it will not only stop the transaction!
The newspaper used a large section to tell everyone what the Lemar people would face if this kind of thing happened, as well as some of the current situation.
Lynch's expression remained unchanged from beginning to end, which was not a particularly remarkable thing for him.
The moment the Lemar National Bank tightens their funding by raising interest rates, they start their own countdown to destruction.
And they did not publicly issue additional currency, which destroyed Lemar's face value.
Assuming that 100 yuan of Yales can be exchanged for one gram of gold, the bank now has 1 grams of gold, and at the same time issued [-] yuan of currency.
Even if the outside world's assessment of Lemar is very poor, or the financial order is on the verge of collapse, Yares is valuable!
Because no matter what, 100 yuan of Ares can be exchanged for one gram of gold, which guarantees its most basic value!
However, the additional issuance without announcement ruined all of this. When there was only 1 yuan in the past, 100 yuan could be exchanged for one gram of gold.
Now... Suppose there are 2 yuan, then 200 yuan can be exchanged for one gram of gold.
But the problem is that the Lemar Republic has no official documents to explain how much they have issued, and now it is meaningless for them to explain this to the society.
Because people have lost trust in them, they will not easily believe what they say, how disappointed people are with the government of the Lemar Republic, how much evil is hidden in human nature, how much Ares will fall!
At the same time, the wave of runs across the island began to escalate, because the value of Ares as a currency has collapsed, and the value of this currency in social circulation is getting lower and lower, and it no longer has wide circulation!
And the import trade does not use Yaris as settlement, so as import merchants, they will not mark the price of the goods as "Ares" unit, which will obviously suffer a big loss, and they will only use some international currency as sales Unit, make sure you don't lose money.
The situation that Yares cannot be bought as a legal currency has really begun to appear. Everyone knows that it is money, but no one is sure how much purchasing power it can represent!
Is it half of what it used to be?
Or is it only one percent of what it used to be?
Nobody knows!
Some speculators, small businessmen, began to "take risks". They agreed that the people of the island would use Ares for settlement, but the price was more than ten times the previous price.
In the past, a pound of eggs cost about 150 yuan, but now you still want to buy a pound of eggs from those people, you may have to pay 500 yuan, 2000 yuan, or even more!
Supplies were already scarce, and these speculators' crazily amassing money catalyzed the explosion of internal and external factors and detonated all links.
Even if the national bank's interest rate is ridiculously high, no one is willing to deposit money in the bank at this time, but withdraw it and use it to buy all kinds of things they can afford.
From a bag of wheat flour, a toothbrush, to a TV...
People started buying everything they could see!
At 35:5.00 in the morning, the government of the Republic of Lemar issued a statement to the archipelago and the whole world. In the statement, their unannounced additional issuance is only [-]% of the total issuance.
In fact, this number is exaggerated a lot. In fact, they printed less than one percent of the total circulation.
But considering the current public sentiment, you said that 5.00% is estimated to be unbelievable, so the bank gave a figure of [-]%.
But people still don't believe it!
Once credit is lost, it is very difficult to get it back.
Fortunately, some people still trust the Lemar government, but believing what it says does not help the run.
Prices are still collapsing, people's money is still becoming less valuable, and banks really can't withdraw money...
Everything, at this moment, completely exploded!
First on some remote islands, angry people started smashing up shops and looting whatever was in them.
At first it was just a food store, then it spread to a clothing store, then an accessory store...
All the shops were looted, and finally they targeted the bank.
This storm of smashing is spreading rapidly to the whole island, because the money cannot be withdrawn, because the money has become waste paper, because of all the past...
When all the emotions erupt in an instant, there is one target, that is the president and the ruling party!
"If the President hadn't offended the Federals, none of these things would have happened!"
There is only such a dialogue in people's minds, yes, if the president hadn't offended the federal people, those foreign capitals would not have evacuated urgently.
Supported by these foreign capitals, the developing and unstable economic, social and financial frameworks will not be within reach.
If there are no these currencies quietly issued...
Everything is because of the President!
It's all because of him that Lemar became like this!
People shouted the slogan "Down with the President" and rushed to the government building. A bottom-up coup due to economic and financial collapse is taking place!
(End of this chapter)
It was slightly bright, and Lynch had already gotten up and started running.
A good lifestyle, self-discipline and health management are the basis for living longer.
Although the world is full of accidents, no one knows whether he can survive the next accident, but as long as he is alive, he must be responsible for his present and future.
He changed his clothes and started running, exercising.
Lemar has a very bad situation, but it can be said to be a very good situation, that is, the communication between Lemar and the international community is of a transit nature.
To put it simply, with a phone, if you want to call someone, you first need to know their number, and then shake the handle——
That was in the past, and now the telephone basically has to be connected to the wire, and there is no need to shake the micro-generator to power the phone.
Electric telephones will soon be able to communicate with the person on the other end of the line in a way that can be explained by science.
One thing to note here is that the other party must be at the other end of the line.
In other words, if the other party does not have a direct line connection with you, then it is impossible for you to talk!
This has also led to very high telephone service fees charged by each country on the charges for external calls.
For example, in the Commonwealth, it costs about one and twenty cents per hour to make a call to Gefra.
If you make a call to Nagalil, it will cost about 85 cents.
Due to the distance, the difficulty of connection and other reasons, the cost of international calls is actually very high.
But in this, there is no calculation method of telephone charges in the Republic of Lemar, and the telephone network here is not connected to the outside world.
Arranging a deep-sea cable from the north-central part of the Eastern Ocean to the nearby land, this is no longer a matter of investment cost, but a problem that cannot be solved technically!
At present, telephone lines in mainstream countries are laid on the seabed, and they basically follow a principle, that is, to go as far as possible from shallow seas.
No one knows the situation in the deep sea, and if it breaks down, it cannot be repaired.
From the Republic of Lemar, no matter whether it is east or west, there is no close independence. It has left the archipelago, which is the deep sea.
Now there is no foundation for laying deep-sea cables, so Lemar wants to contact the outside world, except for the relatively primitive method of writing letters, there is only telegrams left.
The occlusion of information allows people to use such information to do many things.
At six o'clock, the telegraph office hadn't gone to work yet, and Lynch had already run for half an hour and returned to the hotel.
Hot water sprays out from the shower and pours on the body, quickly taking away fatigue and sweat.
The weather is already hot, half an hour of exercise has brought a lot of physical exertion, and naturally produced a lot of sweat.
At [-]:[-], he began to look through some notes and manuscripts, took a short break at [-]:[-], and started work at [-]:[-].
In many cases, the federal society has been promoting a kind of "self-discipline", and it always uses successful people as examples, such as Ms. Big capitalist.
In Lynch's view, self-discipline is actually a challenge to oneself from a certain perspective!
There is no harm in self-discipline, but it can make you more aware of your limits.
If you want to make a breakthrough in your life, the best way is to break through your own limit first.
Be a self-disciplined person!
At [-]:[-], he sat in the dining room. The hotel had already prepared breakfast and delivered it together with the breakfast, as well as a copy of the latest newspaper.
The special geographical environment of the Lemar Republic makes it famous. There is only one newspaper that can cover the entire archipelago, and that is the "Republic Daily". It is said that the founder is also the first president.
Usually there is no big news happening here, most of them are that some new projects have started to be approved, or some infrastructure has started, or some business fields have been developed.
It's Lemar's biggest-selling paper, but it doesn't really have any serious news, not that much serious news here.
But today, it uses a very serious layout, without a little bit of color, and the headline on the front page is "The Invisible Future"
They were talking about the big news that happened internationally last night. The Republic of Lemar continued to decline in the assessment of the World Development Committee, and the Federal Financial Management Committee issued a dangerous warning to Yares.
In just a few hours, everything has changed!
One Federation Sol can already be exchanged for more than 200 Ares, and there is a possibility that the gap will continue to widen.
If the government of the Republic of Lemar cannot give a reliable response today to restore investor confidence, then its exchange rate will only continue to fall!
Don't look at it as if it has not been included in the international currency settlement, but when a country's currency collapses, it will not only stop the transaction!
The newspaper used a large section to tell everyone what the Lemar people would face if this kind of thing happened, as well as some of the current situation.
Lynch's expression remained unchanged from beginning to end, which was not a particularly remarkable thing for him.
The moment the Lemar National Bank tightens their funding by raising interest rates, they start their own countdown to destruction.
And they did not publicly issue additional currency, which destroyed Lemar's face value.
Assuming that 100 yuan of Yales can be exchanged for one gram of gold, the bank now has 1 grams of gold, and at the same time issued [-] yuan of currency.
Even if the outside world's assessment of Lemar is very poor, or the financial order is on the verge of collapse, Yares is valuable!
Because no matter what, 100 yuan of Ares can be exchanged for one gram of gold, which guarantees its most basic value!
However, the additional issuance without announcement ruined all of this. When there was only 1 yuan in the past, 100 yuan could be exchanged for one gram of gold.
Now... Suppose there are 2 yuan, then 200 yuan can be exchanged for one gram of gold.
But the problem is that the Lemar Republic has no official documents to explain how much they have issued, and now it is meaningless for them to explain this to the society.
Because people have lost trust in them, they will not easily believe what they say, how disappointed people are with the government of the Lemar Republic, how much evil is hidden in human nature, how much Ares will fall!
At the same time, the wave of runs across the island began to escalate, because the value of Ares as a currency has collapsed, and the value of this currency in social circulation is getting lower and lower, and it no longer has wide circulation!
And the import trade does not use Yaris as settlement, so as import merchants, they will not mark the price of the goods as "Ares" unit, which will obviously suffer a big loss, and they will only use some international currency as sales Unit, make sure you don't lose money.
The situation that Yares cannot be bought as a legal currency has really begun to appear. Everyone knows that it is money, but no one is sure how much purchasing power it can represent!
Is it half of what it used to be?
Or is it only one percent of what it used to be?
Nobody knows!
Some speculators, small businessmen, began to "take risks". They agreed that the people of the island would use Ares for settlement, but the price was more than ten times the previous price.
In the past, a pound of eggs cost about 150 yuan, but now you still want to buy a pound of eggs from those people, you may have to pay 500 yuan, 2000 yuan, or even more!
Supplies were already scarce, and these speculators' crazily amassing money catalyzed the explosion of internal and external factors and detonated all links.
Even if the national bank's interest rate is ridiculously high, no one is willing to deposit money in the bank at this time, but withdraw it and use it to buy all kinds of things they can afford.
From a bag of wheat flour, a toothbrush, to a TV...
People started buying everything they could see!
At 35:5.00 in the morning, the government of the Republic of Lemar issued a statement to the archipelago and the whole world. In the statement, their unannounced additional issuance is only [-]% of the total issuance.
In fact, this number is exaggerated a lot. In fact, they printed less than one percent of the total circulation.
But considering the current public sentiment, you said that 5.00% is estimated to be unbelievable, so the bank gave a figure of [-]%.
But people still don't believe it!
Once credit is lost, it is very difficult to get it back.
Fortunately, some people still trust the Lemar government, but believing what it says does not help the run.
Prices are still collapsing, people's money is still becoming less valuable, and banks really can't withdraw money...
Everything, at this moment, completely exploded!
First on some remote islands, angry people started smashing up shops and looting whatever was in them.
At first it was just a food store, then it spread to a clothing store, then an accessory store...
All the shops were looted, and finally they targeted the bank.
This storm of smashing is spreading rapidly to the whole island, because the money cannot be withdrawn, because the money has become waste paper, because of all the past...
When all the emotions erupt in an instant, there is one target, that is the president and the ruling party!
"If the President hadn't offended the Federals, none of these things would have happened!"
There is only such a dialogue in people's minds, yes, if the president hadn't offended the federal people, those foreign capitals would not have evacuated urgently.
Supported by these foreign capitals, the developing and unstable economic, social and financial frameworks will not be within reach.
If there are no these currencies quietly issued...
Everything is because of the President!
It's all because of him that Lemar became like this!
People shouted the slogan "Down with the President" and rushed to the government building. A bottom-up coup due to economic and financial collapse is taking place!
(End of this chapter)
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